4 million.3 per cent to USD 13.A notification to this effect was tabled by Minister of State for Finance Pon Radhakrishnan in the Lok CDP Spandex Fabric suppliers Sabha. Exports of all textile ready made garments dipped by 12.The notification said it seeks to "increase customs duty on 328 tariff lines of textile products from the existing rate of 10 per cent to 20 per cent.64 million in June.However, exports of cotton yarn/fabrics/made-ups, handloom products grew by 24 per cent to USD 986. end-ofTags: textile industry, textile items, import dutyLocation: India, Delhi, New Delhi.58 per cent to USD 168.2 million..under Section 159 of the Customs Act, 1962".5 billion.3 per cent to USD 13.According to trade experts, India would not be able to give any direct exports incentive to the textile sector, so there is a need to support the segment to encourage domestic manufacturing.

Increase in manufacturing activity will help create jobs in the sector, which employs about 10.Increase in duties would give an edge to domestic manufacturers as imported products are currently cheaper.5 billion. Exports of all textile ready made garments dipped by 12..Through a notification, the Central Board of Indirect Taxes and Custom (CBIC) had hiked import duties as well as raised the ad-valorem rate of duty for certain items.The government had last month doubled import duty on over 50 textile products -- including jackets, suits and carpets -- to 20 per cent, a move that is aimed at promoting domestic manufacturing.45 pc to USD 403.Man-made yarn/fabrics/made-ups exports grew 8.New Delhi: The government today doubled import duty on as many as 328 textile products to 20 per cent to provide a boost to manufacturing of these items in the country.Imports of textile yarn, fabric, made-up articles grew by 8.5 crore people.Increase in duties would give an edge to domestic manufacturers as imported products are currently cheaper.

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